April 2021: Home prices in Schaumburg (Cook County) fell

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The median sale price of a home sold in April 2021 in Schaumburg in Cook County fell by $11,750 while total sales increased by 195.2%, according to BlockShopper.com.

In April 2021, there were 183 homes sold, with a median sale price of $220,000 - a 5.1% decrease over the $231,750 median sale price for the same period of the previous year. There were 62 homes sold in Schaumburg in April 2020.

The median sales tax in Schaumburg for the most recent year with available data, 2019, was $5,178, approximately 2.4% of the median home sale price for April 2021.

The following table compares Schaumburg to other Cook County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Hanover Park236283.3%$225,000$233,250-3.5%
Tinley Park12051135.3%$215,000$196,0009.7%
Orland Hills125140%$201,000$220,000-8.6%
* This story only considers sales data for the part of Schaumburg that is in Cook County.

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